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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Duane L. Olson who wrote (3095)	2/20/1998 12:18:00 AM
From: Ibexx	Read Replies (1) \| Respond to of 93625

Duane, Re. same old Ibexx I am neither old nor the same. :-) Ibexx

To: Duane L. Olson who wrote (3095)	2/20/1998 12:33:00 AM
From: Ibexx	Read Replies (1) \| Respond to of 93625

Duane, Re. I have been buying heavy from 10 1/4 here and I'll leap on on that limb you won't touch and say: buy more! If you were trying to bluff, your hand just showed! Rambus was never traded on the open market at $10 1/4. The stock opened at high $20s on its IPO day and had never traded below that level. The $10 1/4 price was only available to pre-designated clients by prior agreement with the underwriters. Nice try. Ibexx

To: Duane L. Olson who wrote (3095)	2/20/1998 12:42:00 AM
From: RetiredNow	Read Replies (2) \| Respond to of 93625

Hey Duane, I remember getting into a discussion with Ibexx about whether or not it was the right time to buy RMBS when it IPO'd. It was trading at 30 at that time. Since then I've purchased some at 46, 56 and 51. It's pretty clear to me that this should be a long term holding for me. The pattern I see in the next 2 years is that RMBS DRAM will become the standard and then INTC will buy them out. I'm holding until then. Who cares about the short term fluctuations?